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US Dollar Likely to Offer Steady Range Trading Opportunities Ahead

US Dollar Likely to Offer Steady Range Trading Opportunities Ahead

David Rodriguez, Head of Product

- Indecisive currency moves lead to unclear FX trader sentiment

- Our data suggests the US Dollar will stick to a tight range versus Euro, Yen

- See full analysis below in individual currency sections

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

View individual currency sections:

EURUSD - Euro Dips Could be Bought, Rallies Sold

GBPUSD - British Pound Forecast to Hit Further Highs

USDJPY - US Dollar Likely to Remain in Range versus Yen

AUDUSD - Australian Dollar Targets Further Lows

NZDUSD - New Zealand Dollar Rally Falls Short

GBPJPY - British Pound May Hold Gains versus Japanese Yen

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar Likely to Offer Steady Range Trading Opportunities Ahead

Sharp shifts in forex trader sentiment warn that the US Dollar is likely to offer range-trading opportunities versus the Euro and Yen.

See specific US Dollar forecasts in the sections above, and sign up for future e-mail updates via this author’s e-mail distribution list.

US Dollar Likely to Offer Steady Range Trading Opportunities AheadUS Dollar Likely to Offer Steady Range Trading Opportunities Ahead

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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at http://www.twitter.com/DRodriguezFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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